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Check out the top 3 token unlocks next week

TokenTalk Staff

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May 2024 Crypto Market Watch: $3.58 Billion in Token Unlocks Set to Stir Volatility

Token unlocking involves the release of previously locked tokens under the terms of the fundraising. Projects carefully plan these releases to avoid market pressure and prevent a decline in token prices.

However, factors such as lack of liquidity or early profit-taking by investors can have a significant impact on the dynamics of an asset. Here are three major token unlocks to watch out for next week.

Pyth Network (PYTH)

  • Unlock date: May 20th
  • Number of tokens unlocked: 2.13 billion PYTH
  • Current circulating supply: 1.5 billion PYTH

Pyth Network is a decentralized system oracle which provides real-time financial market data to blockchain applications. It collects high-quality price information from various sources, including trading companies and exchanges. The project aims to improve the accuracy and reliability of data used in smart contracts and decentralized finance (DeFi) platforms.

THE PITH the token has a maximum supply of 10 billion. On May 20, the project will unlock 2.13 billion tokens, which exceeds the current circulating supply. Approximately 800 million PYTH will go to private sales participants and publishers, while the rest will be allocated to protocol development and ecosystem growth.

Members of the crypto community have polarized opinions on how the unlock will affect the PYTH price. Some believe the altcoin is headed for a significant collapse, while others are confident tokenomics the design will allow it Jack his land.

“Pyth the release of the value of 910 million dollars will take place on May 20th. 141.67% of the current supply is unlocked. AEVO lost 25% after unlocking. Most PYTH holders have bet so that they cannot sell their bags. Regardless of what I’m looking for short circuit configurations,” a cryptocurrency trader noticed.

To know more: What is a Blockchain Oracle? An introductory guide

Unlocking the PYTH tokenUnlocking the PYTH token. Source: Unlocks via token

Avalanche (AVAX)

  • Unlock date: May 22nd
  • Number of tokens unlocked: 9.54 million AVAX
  • Current circulating supply: 382.77 million AVAX

Avalanche is a decentralized blockchain platform that offers high performance and scalability, allowing developers to build and deploy decentralized applications (dApps) and custom blockchain networks. The native token of the Avalanche network is AVAXused to pay transaction fees, episodeand participating in the governance of the platform.

On May 22, over 9 million AVAX tokens will be unlocked and distributed among strategic partners, the Avalanche Foundation, the team and airdrop participants.

To know more: 11 Best Avalanche (AVAX) Portfolios to Consider in 2024

Unlocking the AVAX tokenUnlocking the AVAX token. Source: Unlocks via token

Space ID (ID)

  • Unlock date: May 22nd
  • Number of tokens unlocked: 18.49 million IDs
  • Current circulating supply: 430.5 million ID

Space ID is a decentralized identity protocol that helps users securely manage their online identities across various blockchain platforms. It allows users to create a single digital identity for use across multiple decentralized applications (dApps). The ID is the utility token of the Space ID ecosystem, designed to drive user participation and support safety and network growth.

On May 22, the project will add 18 million IDs to the circulating supply. Second Unlocks via tokenmost of these tokens will go to the Space ID Foundation, the ecosystem fund, and airdrop participants.

To know more: What are the best Altcoins to invest in in May 2024?

Unlocking your ID tokenUnlocking your ID token. Source: Unlocks via token

While the tokens are unlocked are often considered bearish, a well-planned program can improve the long-term viability of a project. In line with milestones and development progress, unlocks will motivate team members, increase community engagement, and promote ecosystem growth.

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In compliance with Trust Project guidelines, BeInCrypto is committed to providing impartial and transparent reporting. This news article aims to provide accurate and timely information. However, readers are advised to independently verify the facts and consult a professional before making any decisions based on this content. Please note that our Terms and conditions, Privacy PolicyAND Disclaimer They have been updated.



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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Sealana Token Is Claimed to Be the Next Meme Coin to Explode as Pre-Sale Ends in Just 5 Days – Branded Spotlight Bitcoin News

TokenTalk Staff

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Sealana Token Is Claimed to Be the Next Meme Coin to Explode as Pre-Sale Ends in Just 5 Days – Branded Spotlight Bitcoin News

https://news.google.com/./articles/CBMid2h0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9zZWFsYW5hLXRva2VuLWlzLWJlaW5nLWJhY2tlZC1hcy10aGUtbmV4dC1tZW1lLWNvaW4tdG8tZXhwbG9kZ S1hcy1wcmVzYWxlLWVuZHMtaW4tanVzdC01LWRheXMv0gEA?hl=en-US&gl=US&ceid=US%3Aen

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Mexican Cartels Using BTC, ETH, USDT, and Other Tokens to Buy Fentanyl Precursors: US Treasury

TokenTalk Staff

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Mexican Cartels Using BTC, ETH, USDT, and Other Tokens to Buy Fentanyl Precursors: US Treasury

The US Treasury Department’s Financial Crimes Branch has reported the growing use of several crypto assets to support Mexican drug trafficking

The US Treasury Department’s Financial Crimes Branch has reported the growing use of several crypto assets to support Mexican drug trafficking

The US Treasury Department’s Financial Crimes Branch has reported the growing use of several crypto assets to support Mexican drug trafficking

AccessTimeIconJune 20, 2024, 5:08 pm

Updated June 20, 2024, 10:04 pm

US authorities have warned of Mexican cartels using cryptocurrencies to buy precursors to make fentanyl. (Jesse Hamilton/CoinDesk)

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Bitcoin, Ethereum and Furrever tokens with cutting-edge 10% referral bonus.

TokenTalk Staff

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Bitcoin, Ethereum and Furrever tokens with cutting-edge 10% referral bonus.

New York City, NY, June 20, 2024 (GLOBE NEWSWIRE) —

Looking to the future of cryptocurrencies, Bitcoin remains strong as the market leader, while Ethereum continues to fascinate meme coin enthusiasts. Now, Furrever token is ready to join the fray. This article looks at what Furrever Token brings to the table alongside these giants.

Bitcoin price continues to fall as whale activity deepens

Bitcoin price fell below $65,000 on Wednesday, after expanded whale exercises that will be offered orders. Meanwhile, hedge funds have experienced a slowdown in the introduction of Bitcoin, which could be fueled by a steady surge in Bitcoin ETFs.

Ethereum ETFs may not cause the price of ETH to rise as many predict

The price of Ethereum (ETH) has risen more than 4% in the past 24 hours after the Securities & Exchange Commission (SEC) abandoned its examinations of Ethereum 2.0 amid the desire for spot ETH ETFs. In any case, subsequent ETH energy ETFs may not lead to the expected price increase.

The Furrever token stands out for its innovative 10% referral program.

The Furrever Token presale has so far raised over $1.3 million, with the project currently at level 9 and aiming for a total of $1.9 million.

Furrever Token offers delightful customer engagement focused on feline-themed symbolism and community-driven engagement. The untapped referral framework allows customers to earn 10% in $FURR tokens for every store created via their individual referral connection, making for a fabulous passive income opportunity. This framework does not incentivize users, but also cultivates the natural development of the community.

Backed by a comprehensive review by Securi Lab, Furrever Token ensures a secure and reliable stage for its customers. The project guide incorporates the progressive integration of feline-themed material and the energy of future shocks, situating it as an interesting and enjoyable speculation within the crypto space.

Don’t miss the opportunity to include Furrever Token in your venture portfolio and get ready to rule the meme coin industry. Visit www.furrevertoken.com to secure your tokens and be part of this crypto space.

Join the Furrever token presale now:

Official website of the Furrever token

Visit the Furrever token presale

Join the official Telegram group

Follow the official X account

Media contact:
Roberto Smith
https://furrevertoken.com/
support@furrevertoken.com

Disclaimer: The information provided in this press release does not constitute a solicitation for investment, nor is it intended as investment advice, financial advice or business advice. We strongly recommend that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrencies and securities.

CONTACT: Robert Smith

support at furrevertoken.com




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Altcoins on the move! Do ImmutableX (IMX) and LimeWire (LMWR) Suggest a 20% Uptrend?

TokenTalk Staff

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Top Four Altcoins with 100X Potential to Stack Right Now

The cryptocurrency market continues to see negative price action over the past few days with elite cryptocurrencies such as Bitcoin AND Ethereum tokens that experience significant corrections in their respective portfolios.

However, on the other hand, altcoins have seen growing bullish sentiment, with mid- and small-cap tokens recording the highest gains. Tokens like LimeWire (LMWR) and ImmutableX (IMX) have seen a massive uptrend in their valuations this week.

With increased price volatility in the cryptocurrency space, will these altcoins continue to overwhelm major crypto tokens this month?

IMX Crypto Sees Increase in Price Volatility:

The ImmutableX token gained around 1% in the last 24 hours and recorded a +3.86% change in its trading volume. Furthermore, the IMX price has added over 9.50% to its portfolio in the last 3 days. However, its weekly returns stand at -11.19%, indicating mixed price action.

TradingView: IMX/USDT

With a trading price of $1.59 and a market capitalization of $2.4 billion, the ImmutableX coin price has successfully secured the 39th position in the global cryptocurrency market list.

The technical indicator, RSI, shows a bullish crossover in the 1D time frame. However, the 50/200 day EMA has registered a Death Cross, highlighting mixed sentiment for the price of IMX coin in the cryptocurrency market.

If the market pushes ImmutableX price above the $1.677 resistance level, the bulls will continue to rise and prepare to test its upper high of $2.12. Conversely, a trend reversal could push the IMX cryptocurrency towards its crucial support level of $1,235 in the coming times.

Does LimeWire (LMWR) price suggest a bullish reversal?

LMWR price has seen an increase of 34.85% in the last day with a 107% increase in trading volume. On the positive side, with the altcoin’s recent surge, it has leveled out all the losses incurred this year. This indicates a growing bullish sentiment for the LimeWire token in the market.

TradingView: LMWR/USDT

The SMA indicator shows a positive crossover on its price chart, highlighting a strong bullish reversal for the LMWR token in the crypto space.

On the other hand, the Moving Average Convergence Divergence (MACD) records a steady uptrend in its green histogram with its averages showing an increasing pattern. This highlights a high possibility of bullish price action in the coming period.

If the bulls continue to gain momentum, the LMWR price will break above the $0.450 mark and head towards the $0.690 upper resistance level. However, in case of a bearish price action, LimeWire price could lose momentum and plummet towards the crucial $0.2210 support level.

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